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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (68137)5/16/2002 12:18:39 PM
From: vampire  Read Replies (1) of 99280
 
<<Real rallies involve the then prevalent market leaders, thus if indices are still going up but new highs are not expanding, that typically means that leadership is being lost and a decline might ensue>>

i would think the non-expansion means the leaders are leading (unless new highs are actually going down) but no one is following
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